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2. Inventory Disclosure
3 Months Ended
Oct. 26, 2013
Notes  
2. Inventory Disclosure

2. MERCHANDISE INVENTORIES

 

            At both October 26, 2013 and July 27, 2013, approximately 65% of merchandise inventories are valued by the LIFO method while the balance is valued by FIFO.  If the FIFO method had been used for the entire inventory, inventories would have been $14,936 and $14,786 higher than reported at October 26, 2013 and July 27, 2013, respectively.